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21 Sep 2013

160 units sold at Thomson Three

Source: The Business Times

By: Kalpana Rashiwala

IT was probably a combination of reasonable pricing, good location and the positive stockmarket mood - resulting from the US Federal Reserve's announcement that it is not tapering its quantitative easing (QE) programme just yet - that helped UOL Group and Singapore Land move 160 units at Thomson Three on the first day of sales bookings this week.

This was out of the 200 units they released. The developers plan to release a further 120-150 units this weekend.

Located on Bright Hill Drive, the project comprises 435 apartments and 10 strata semi-detached houses. The average price of the 99-year leasehold development is about $1,350 per square foot